ConvergEx Expands Asian Algo Access
The New York-based technology provider also announced today that it has upgraded the underlying execution logic for its complete range of European and Asian algorithms. Using technology from its proprietary transaction cost analysis (TCA) engine, PerformEx, ConvergEx has enhanced the logic in these algorithms to more accurately predict the best location and timing to send an order to help customers seek to obtain best execution, according to officials.
"As growth in emerging markets accelerates
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